Betting online: Casino operator moving into lucrative software development

0 vote(s)Comment

VietStock FI English 3 month(s) ago

Betting online: Casino operator moving into lucrative software development

A local firm has seen revenues grow by adding online operations to its casino, allowing it to take bets from offshore players. Now it is designing the software that allows other casinos to get a piece of the action

Keywords: 

Private equity fund invests in Park Cafe chain

0 vote(s)Comment

VietStock FI English 3 month(s) ago

A regional private equity fund has acquired a minority stake in local food and beverage company Park Cafe, sinking upwards of $1 million into the company, which operates seven food outlets in Phnom Penh, its fund manager said yesterday.

Keywords: 

Cambodian alumni to discuss development

0 vote(s)Comment

VietStock FI English 3 month(s) ago

The annual gathering of the Global Alumni Convention (GAC) will be held in Phnom Penh on January 29-30, marking the second time the event has been organised in the Kingdom, and will bring together Cambodian graduates who studied overseas, government officials and senior business leaders for a two-day meeting.

Keywords: 

Angkor visitor numbers flat in 2015

0 vote(s)Comment

VietStock FI English 4 month(s) ago

The number of foreign tourists visiting Cambodia’s most popular landmark, the Angkor Wat temples in Siem Reap, grew only slightly to 2.1 million last year, bringing in $60 million in ticket sales, according to the Apsara Authority.

Keywords: 

Heineken reports strong beer sales as it taps growing regional demand

0 vote(s)Comment

VietStock FI English 6 day(s) ago

Heineken reports strong beer sales as it taps growing regional demand

Dutch brewing giant Heineken NV experienced strong growth in beer sales throughout the Asia-Pacific region, including Cambodia, during the first quarter of 2016, a company representative said yesterday.

Keywords: 

HLH plans 400-hectare food-processing park

0 vote(s)Comment

VietStock FI English 1 week(s) ago

Singaporean listed firm HLH Group will invest $10 million to set up a 400 hectare agricultural food-processing park in Cambodia, the Strait Times reported yesterday.

Keywords: 

Royal Group in talks with China, Indonesia on proposed oil pipeline

0 vote(s)Comment

VietStock FI English 2 week(s) ago

Cambodian conglomerate the Royal Group is in talks with two foreign state-owned petroleum companies to conduct feasibility studies for an oil pipeline that would run from Sihanoukville to Phnom Penh, a government official has confirmed.

Keywords: 

Casino operator’s winning streak continues

0 vote(s)Comment

VietStock FI English 3 week(s) ago

Nagacorp Ltd, the Cayman Islands-registered operator of Cambodia’s NagaWorld casino and hotel complex, recorded $153.8 million in gross gaming revenue during the first quarter of 2016, a 35 per cent increase over the same period last year.

Keywords: 

Thai membership card seeks Cambodian elites

0 vote(s)Comment

VietStock FI English 1 month(s) ago

A Thai privilege card program that costs nearly $15,000 to join is banking on Cambodia’s robust yet deeply polarised economy to provide up to 60 new card members a year.

Keywords: 

Bringing Japan FDI into focus

0 vote(s)Comment

VietStock FI English 1 month(s) ago

Bringing Japan FDI into focus

Launched last week, the Cambodia-Japanese Business Investment (CJBI) group aims to facilitate a dialogue between the two countries to bolster investment, and to help guide Japanese businesspeople through Cambodia’s often murky investment climate. The Post’s Cheng Sokhorng sat down with Koem Oeurn, CJBI president, to discuss what the business association aims to accomplish against a backdrop of rising Japanese trade and investment.

Keywords: 

Russian firm ENEX to study dam feasibility

0 vote(s)Comment

VietStock FI English 1 month(s) ago

The Ministry of Mines and Energy has signed a memorandum of understanding with Russian engineering firm ENEX to conduct a feasibility study on the construction of the proposed Stung Battambang II dam, a ministry spokesman said yesterday.

Keywords: 

Bicycles find new paths to EU

0 vote(s)Comment

VietStock FI English 1 month(s) ago

Bicycles find new paths to EU

Local bicycle exporters are adopting strategies to swerve around barriers that would impede their access to the lucrative European Union, which increased its orders for bicycles assembled in Cambodia by nearly 10 per cent last year.

Keywords: 

Migrant workers send home $1 billion a year

0 vote(s)Comment

VietStock FI English 2 month(s) ago

Migrant Cambodian workers remit more than $1 billion to families each year, Labour Minister Ith Samheng said yesterday.“Currently, there are between 650,000 and 700,000 legal and illegal Cambodian labourers working abroad, and they have sent home more than $1 billion dollars a year,” he said.

Keywords: 

Thai firms look to boost trade

0 vote(s)Comment

VietStock FI English 3 month(s) ago

Thai firms look to boost trade

Thailand– one of Cambodia’s biggest trading partners– is holding an exhibition in the capital in a bid to further boost the $5.6 billion in bilateral trade it reported last year.

Keywords: 

Increasing number of small real estate companies cater to growing middle class

0 vote(s)Comment

VietStock FI English 3 month(s) ago

A few skilled former real estate agents, who have built up their own networks, are taking advantage of their potential and starting their own business in response to the growing middle-class demographic.

Keywords: 

Top page